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HomeMy WebLinkAbout2025 - RESO 11 - 38th Ave West Improvement Budget SupplementCITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 11 SERIES OF 2025 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2025 2J NEXT CHAPTER FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $1,911,963 FOR THE PURPOSE OF ISSUING A CONTRACT FOR PROFESSIONAL SERVICES TO AYRES ASSOCIATES, INC. AND APPROVING SUBSEQUENT PAYMENTS FOR THE 38TH AVENUE WEST CORRIDOR IMPROVEMENT PROJECT WHEREAS, the City recognizes the importance of improving city streets and providing multi-modal facilities in various locations to allow for improved and safer mobility; and WHEREAS, Ayres Associates, Inc. provided a proposal to complete design services for the 38th Avenue West Corridor Improvement Project which will provide improved transportation options and improved stormwater facilities; and WHEREAS, insufficient appropriations in the 2025 2J Next Chapter Fund exist to cover these expenditures; and WHEREAS, the City of Wheat Ridge Charter requires that amendments to the budget be affected by the City Council adopting a resolution. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CITY OF WHEAT RIDGE, COLORADO THAT: Section 1. A transfer of $1,911,963 is hereby approved from the 2J Next Chapter Fund undesignated reserves to account 66-103-700-750 and the 2025 revenues are amended accordingly. Section 2. A contract in an amount not to exceed $1,911,963, comprising $1,738,163 base and $174,800 in contingency funds, and subsequent payments is hereby approved for professional services with Ayres Associates, Inc. DONE AND RESOLVED this 10th day of February 2025 ATTEST: Margy Greer, Sr. Deputy City Clerk Bud Starker, Mayor